VisionmaxX Group sells majority stake to NORD Holding
Frankfurt am Main / Hanover — ox8 Corporate Finance exclusively advised the shareholders of VisionmaxX Group (“VisionmaxX”) on the sale of a majority stake to NORD Holding.
VisionmaxX was founded in 2004 by Steffen Konrad and Jens Schlerf and has since developed into the leading IT partner for medical practices with a focus on the dental sector in Germany. The comprehensive service portfolio ranges from IT infrastructure and telematics services to practice software integration and IT security. With its sister company VisionCare, the Group is already actively tapping into the care sector, thereby laying the foundations for a cross-sector growth strategy in outpatient healthcare.
Together with the founders Steffen Konrad and Jens Schlerf, NORD Holding aims to develop the VisionmaxX Group into the central digital IT infrastructure platform for the outpatient healthcare sector in the DACH region. Growth is to be driven both organically through expansion into neighboring specialist groups and care areas as well as through targeted partnerships and acquisitions.
“We are at the beginning of a new phase — for our company and for the digitalization of the healthcare sector as a whole. NORD Holding is a very entrepreneurial partner and gives us the means and reach to create what we had in mind from the outset: a company that makes everyday life in medical practices easier in the long term,” says Steffen Konrad.
Jens Schlerf adds: “We built VisionmaxX because we are convinced that doctors need a partner to whom they can fully entrust their IT — so that they can concentrate on their patients. With NORD Holding, we now have the support to bring this vision to the entire outpatient healthcare sector.”
Mario Sabljo (photo), Partner at NORD Holding, says: “VisionmaxX is exactly the kind of company that NORD Holding invests in: an innovative quality company with clear market leadership, a well-coordinated founding team and a market that is growing structurally.” — Steffen Konrad emphasizes: “Throughout the entire process, the ox8 team showed exceptional commitment and dynamism, which gave us the feeling of being optimally supported at all times.”
About VisionmaxX Group
VisionmaxX was founded in 2004 and is today the leading specialized managed service provider for IT services in German medical practices with a focus on the dental sector. The company offers a comprehensive portfolio of IT infrastructure, telematics, IT security and digital practice solutions. With its sister company VisionCare GmbH, the group is also active in the care sector. VisionmaxX employs around 150 people. — www.visionmaxx.net
About NORD Holding
NORD Holding is one of the first and most renowned German investment companies and has been successfully active as an equity partner for SMEs in the DACH region for over 55 years. The focus is on the Direct Investments and Fund Investments divisions.
The Direct Investments division focuses on established medium-sized companies that have a relevant market position or have the potential to achieve this through joint further development. NORD Holding currently holds majority interests in more than 15 medium-sized companies and manages assets of around € 4.0 billion, including the fund of funds business. The Fund Investments division targets the micro and small-cap segment of SME-oriented private equity funds in Europe (primary, secondary and co-investments) and regularly acts as an anchor investor.
— www.nordholding.de
About ox8 Corporate Finance
ox8 Corporate Finance was founded in 2018 by experienced M&A experts and is an independent corporate finance boutique based in Frankfurt. ox8 supports technology and growth-oriented SMEs in the DACH region in financing and sales processes and advises on the sell-side and buy-side in mergers and acquisitions (M&A) and on raising capital (growth capital).
ox8 sees itself as a consultant at eye level for visionary entrepreneurs, passionate managers, strategic buyers and financial investors. In-depth industry expertise, an international network and first-class transaction processing form the basis for high standards of client orientation and quality.
— www.ox8-cf.com